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3 Best Stocks to Buy Now, 5/29/2023, According to Top Analysts
Stock Analysis & Ideas

3 Best Stocks to Buy Now, 5/29/2023, According to Top Analysts

Which stocks are best to buy now? According to top Wall Street analysts, the three stocks listed below are Strong Buys. Each stock received a new Buy rating recently and has a significant upside as well.

To find more stocks like these, take a look at TipRanks’ Analyst Top Stocks tool. It shows you a real-time list of all stocks that have been recently rated by top-ranking analysts.

Here are today’s top stock picks, according to analysts. Click on any ticker to thoroughly research the stock before you decide whether to add it to your portfolio.

SoFi Technologies (NASDAQ:SOFI) – SoFi is an online personal finance and bank holding company. Recently, Jefferies analyst John Hecht maintained a Buy rating on SoFi stock with a price target of $8. Overall, the consensus 12-month price target of the four out of five top analysts who recently rated the stock a Buy, implies an upside of 40.5%.

WESCO International (NYSE:WCC) – The company provides B2B (business-to-business) distribution, logistics services, and supply chain solutions. Analyst Christopher Glynn of Oppenheimer maintained a Buy rating on WCC stock with a price target of $190. Overall, the consensus 12-month price target of all five top analysts who recently rated the stock a Buy, implies an upside of 26.9%.

Blue Owl Capital (NYSE:OWL– It is an alternative investment asset management company. RBC Capital analyst Kenneth Lee reiterated a Buy rating to OWL stock with a price target of $15. Overall, the consensus 12-month price target of the six out of eight top analysts who recently rated the stock a Buy, implies an upside of 40.14%.

Who are the Top Analysts?

TipRanks ranks financial analysts according to the success rates of their ratings and the average return on each of their ratings. See real-time analyst rankings and learn more about the performance of top analysts on TipRanks’ Top Wall Street Analysts page.

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